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. the indication that we're getting now is that this is a big deal, that this is going to be very large, and that everything is going to be on the table as far as bringing the corporate tax rates down, closing tax loopholes, but also cuts in entitlement programs, medicare, medicaid, possibly talking about social security and changing the way it works in the long term. these are big items that obviously could not get done legislatively before the august 2nd deadline. if there was some agreement reached between the leaders to raise the debt ceiling and agree to the framework by which they are going to tackle these big ticket items, that would be a significant thing. and it seemed like both parties were so far apart it will be interesting to see through the weekend if there can be some negotiated deal on a big framework. martha: it's interesting, bret because we've heard a little bit of what has come out of the preliminary discussions that vice president biden was part of. it seemed as though in those discussions they would talk big dollar figures although they wouldn't talk about specific
: the last 48 hours this investigation has gone from about this big to this big. some officials may have already been caught lying. not only that, now we're told u.s. wasn't just helping send guns to mexico, taxpayers paid for some of those guns. and more than one federal agency knew about it. that's the latest in the scandal we know as fast and furious. according to sources an f.b.i. informant allegedly used taxpayer money to buy guns on behalf of the cartels, the f.b.i. knew it, they allowed it to happen and they failed to tell congress or the agency that was investigating him, causing that agency, the atf to spend two years, thousands of man-hours and millions of dollars pursuing information the f.b.i. already had about a man, the atf would never be allowed to arrest because he worked for the f.b.i. this information was confirmed this week sources say by the acting atf director ken nelson who met secretly on july 4th with congressman darrell issa and senator charles grassley. nelson who is going to be the fall guy in this scandal dropped a few bombs in his deposition indicating others
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